Anton Siluanov, the finance minister of Russia, is prepared to discuss the gray areas surrounding cryptocurrency mining and the use of its proceeding for payments. In a recent lecture, Siluanov stated that the government needed to agree “on what can be done with cryptocurrency,” and “what cannot be done,” recognizing that the issue had been […]

The post BOON Bot from BASE Baboon Next Frontier in Crypto Security appeared first on Coinpedia Fintech News In an exciting development for the cryptocurrency world, the Base Baboon team has announced the beta release of their latest innovation, BOON Bot. This cutting-edge tool is designed to provide unparalleled security measures within the BASE ecosystem, […]

The post Munchables Insider Steals $62.5 Million, Then Returns It in Bizzare Web3 Heist appeared first on Coinpedia Fintech News In a major event this year, the web3 game Munchables, hosted on the Blast layer-2 platform, faced a severe cyberattack, causing significant financial loss. According to blockchain researcher ZachXBT, the attack resulted in the disappearance […]

The post CFTC’s Declaration: Ethereum and Bitcoin Classified as Commodities in KuCoin Lawsuit appeared first on Coinpedia Fintech News The Commodity Futures Trading Commission (CFTC) has taken legal action against KuCoin, a digital asset exchange, for allegedly violating the Commodity Exchange Act (CEA) and CFTC regulations. The lawsuit targets several companies collectively operating under the […]

The post SHIB Massively Outperformed My Expectations, Says Vitalik Buterin’s appeared first on Coinpedia Fintech News Shiba Inu (SHIB), the popular meme coin, has once again surprised the crypto community by exceeding expectations. Ethereum founder Vitalik Buterin recently revealed that SHIB has massively outperformed his earlier projections for the project.  This acknowledgment comes as a […]

Vitalik proposes anti-correlation incentives to promote decentralization in staking protocols, penalizing misbehaving actors and implementing them in various scenarios, backed by empirical data. (Read More)

KuCoin and its founders are facing a legal firestorm after the Southern District of New York announced charges for major US Anti-Money Laundering laws violations.  KuCoin, one of the world’s largest cryptocurrency exchanges, and its founders, Chun Gan, and Ke Tang, have been accused of operating without adhering to proper anti-money laundering protocols.  KuCoin, Founders […]

On March 26, 2024, the Ethereum-based NFT game Munchables suffered a major security breach, resulting in the theft of over $62.8 million worth of Ether. The incident has sent shockwaves through the cryptocurrency community, raising concerns about the security of blockchain-based gaming platforms. TLDR Munchables, an Ethereum-based NFT game, suffered a hack that drained over […]

The National Commission for Data Protection (CNPD), Portugal’s data protection authority, has ordered the Worldcoin Foundation, the organization behind the development of blockchain project Worldcoin (WLD), to stop collecting biometric data through the “Orb” device in the country for 90 days. Following a recent crackdown by the Spain authority, the project faces a new regulatory […]

The U.S. Department of Justice (DOJ) has brought charges against the Seychelles-based crypto exchange KuCoin and its founders, Chun Gan and Ke Tang, for alleged violations of anti-money laundering laws. The indictment, announced by the United States Attorney for the Southern District of New York, Damian Williams, accuses KuCoin of operating without proper anti-money laundering […]